Business

Fed Holds Rates Steady Amid Divided Committee

Updated 2026-07-29 18:10 UTC 1 source Neutral

The Federal Reserve held interest rates steady at a range between 3.5% and 3.75%, despite three members voting for an increase. The decision reflects ongoing debate within the Fed.

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CNBC
Despite increasing support for a rate increase, the Federal Open Market Committee voted 9-3 to leave the federal funds rate in a range between 3.5% and 3.75%.
2026-07-29 18:06 UTC
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